Quote:
Originally Posted by bossku69
paypal is a great way to launder money. people selling goods and services all day long and there is no records that get sent to the IRS. I have friends that only do business on paypal and make $100k+ but only report they make about $15,000 a year in taxes  |
that is stupid. paypal would hand over that info in a heartbeat if asked by the irs, like ebay did to revenue canada for all canadian power sellers.